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Urbana Land for Dream Home
For Sale
$89,000

3018 East Beringer Circle, Urbana, IL 61802

Residential land in Urbana, build your dream home here!

Property SizeContact for details
Lot Size0.25 Acres
Days on Market990

Property Features for 3018 East Beringer Circle

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype Land
Zoning SINGL

Taxes and HOA fees

Annual Taxes $48
Listing Agency: Coldwell Banker R.E. Group
Listed By: Stefanie Pratt · License #475123513
Source: Compass
Added: Nov 26, 2023 Changed: Aug 8 Last Checked: Jul 16 at 8:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker R.E. Group

Investment Insights

Based on property information with market context.

Located on the northeast side of Urbana, this residential land offers an opportunity to build a custom home. The Think Urbana Program provides a property tax savings of approximately 55% over five years, along with no sales tax on materials. The subdivision includes four bodies of water and walking paths. Available lots are generally over 0.25 acres. The location provides convenient access to shopping and the interstate. Builders are welcome. Average home prices in the subdivision range from $250,000 to $750,000, depending on location. HOA fees are $200 per year.

Key Highlights

  • Significant property tax savings (approximately 55% over 5 years) through the Think Urbana Program.
  • No sales tax on building materials.
  • Subdivision features 4 bodies of water and walking paths.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Auto Repair Shop Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby

Demographics for 61802, IL

19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential land in Urbana, build your dream home here!
Where is this residential land & home lot located?
The property is located at 3018 East Beringer Circle Urbana, IL.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Significant property tax savings (approximately 55% over 5 years) through the Think Urbana Program.; No sales tax on building materials.; Subdivision features 4 bodies of water and walking paths.
More about this property
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